1868 $5 J-659 PR(PCGS#60877)

1868 $5 J-659 PR (PCGS#60877)

The March 2011 Baltimore Auction

Auctioneer
Stack's Bowers
Lot Number
6026
Grade
PR63
Price
6,900
Lot Description
1868 Pattern Half Eagle. Judd-659, Pollock-732. Rarity-7-. Proof-63 (NGC). On the obverse a bust of Liberty faces left with the legend UNITED STATES OF AMERICA around the border and the date 1868 below. A ribbon inscribed LIBERTY binds Liberty's hair, and there is a star at the top of her head. The reverse exhibits the dual denomination 5 DOLLARS / 25 FRANCS within a wreath of oak and laurel leaves. Struck in aluminum with a plain edge.<br /> &nbsp;&nbsp;&nbsp;&nbsp;A dusting of pale-silver tinting is largely confined to the reverse, allowing the obverse to display a bold cameo finish. Both sides are fully struck with only trivial blemishes, many of which are confined to the obverse border.<br /> &nbsp;&nbsp;&nbsp;&nbsp;The first&nbsp;attempt at an international coinage by the United States Mint, the dual denomination pattern Half Eagles of 1868 were created subsequent to a convention held in Paris in June of 1867. The&nbsp;participating nations agreed that the French Franc should serve as the basis for this proposed coinage, which in the end never advanced past the pattern stage. Survivors of the Judd-659 aluminum, plain edge type are though to number no more than 12 coins.
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